The Moat Index
Compare moats, side by side.
Two to four companies, scored on the same four filters from their SEC filings — so the comparison is apples to apples. The method is fully public.
| Measure | FATN | ALRM | FN | KFRC |
|---|---|---|---|---|
| Moat Score (0–100) | 73 (highest) | 73 (highest) | 73 (highest) | 73 (highest) |
| Pricing power | 100 (highest) | 99 | 29 | 51 |
| Returns on capital | 76 | 72 | 92 | 100 (highest) |
| Balance-sheet safety | 72 | 42 | 100 (highest) | 100 (highest) |
| Capital discipline | 26 | 65 | 82 (highest) | 36 |
| Margin of safety | 16% below value (highest margin of safety) | 41% above value | 283% above value | No price data |
| Market cap | $63.7M | $2.6B | $17.1B | — |
| Moat tier | Narrow moat | Narrow moat | Narrow moat | Narrow moat |
| Filings as of | FY2026 | FY2025 | FY2025 | FY2025 |